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America Movil SAB de CV Sponsored ADR Class L Stock News
MEXICO CITY--(BUSINESS WIRE)--América Móvil, S.A.B. de C.V. (“AMX”) [BMV: AMX] [NYSE: AMX], has filed its annual report for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (“SEC”), the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, “CNBV”), and the Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A.B. de ...
Discovery Capital's founder Rob Citrone said on Wednesday his favorite stock at this moment is Mexico's America Movil due to its exposure to many different countries in Latin America.
An executive of Mexican telecoms giant America Movil said Wednesday that the company's capital expenditure for 2025 would be $6.7 billion, below the $7.1 billion capex in 2024.
Mexican telecommunications giant America Movil on Tuesday reported a 39% jump in its first-quarter net profit compared to the same period in 2024, citing an increase in operating profit and a decrease in financing costs.
Business performance and cash flow have improved, alongside a stock price decline, supporting a new price target of $23.72, a 65% upside potential. Postpaid growth, ARPU improvements, and EBITDA expansion signal the success of management's strategy, while reduced peso volatility and declining interest rates are easing financial risks. Rising trade protectionism poses a potential challenge, but ...
Mexican telecommunications giant America Movil on Tuesday reported a 48% fall in its fourth-quarter net profit, well below analysts' expectations, with the company citing foreign-exchange losses even as its revenues rose.
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